Time for Investors to Take the Plunge on MasterCard Incorporated (NYSE:MA)

Equity Research firms currently have a positive stance on shares of MasterCard Incorporated (NYSE:MA). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $111.17 on a short term basis.

At the time of writing, the stock was trading at $101.20. This represents a change from the opening price of -0.81%. In terms of performance, year to date, the stock is 5.29%. The monthly stock performance comes in at 4.36%. For the quarter, shares are performing at 15.71%. Weekly performance analysis shows the equity at 0.71%.

In taking a look at technical levels, shares are trading 3.63% away from the 50 day simple moving average and 8.34% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -1.15% away from it’s 52- week high and 29.42% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, MasterCard Incorporated’s RSI stands at 57.90. In looking at volatility levels, the shares saw weekly volatility of 1.24% and 1.24% over the past month.

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